I am often reminded that what new traders go through is what I went through as well

It's probably what 99% of new traders

experience when they first open a chart and learn about trading

There's a lesson there about not taking

anything personally since what you are going

through is not unique

I did approach the beginning years of

trading a little differently than others

Numerous forums Indicator hell$37 e-books

Trading robots

I was always aware that if it were that

easy, the failure rate would not be as high

I realized that generally, my failings

were my own

Realization and acceptance are two

vastly different things

During communications with new traders, many

times they judge performance by a handful of trades

The losses are a different story

The first thing a new trader must do is look

at the big picture

The system can never be defined by a handful of losing

trades

What were your back testing results?

Many traders look at each trade and decide whether it was a good

one or a bad one to take

This type of logical and analytical approach is

the wrong one

Do not have tunnel vision on results

Focus on the entire trading process from

start to finish

That outlines your trade plan and in this case, everything has

lined up in accordance with the plan

The issue is that this is the third loss in a row

How else can we look at what occurred?

You've done your back testing and you have determined that this

method actually has a positive expectancy

You should also know what a normal string of losing trades will

look like

So we assume that the trading method is not

at fault

You look at the trade on your decision in the

moment and you executed perfectly

Everything that needed to be in place to take a trade was

there

You accept that losses are a part of trading

You look at your stats and determine that this is simply the

nature of the trading business

You decide to only make a decision on the whole process

and results

Doing so will save you a ton of wasted time in

jumping from strategy to strategy and dumping a potentially lucrative one

The win is not as important as the

quality of your decision in taking the trade

There is nobody or anything to blame

You focused on the process of

implementing a positive expectancy

trading method

You can only control your actions in trading

That is how you judge; through your execution of the strategy and the results of a basket of

trades

Anything else is just a mental burden

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